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Company No. 00998771 · Incorporated 4 Jan 1971

Lesser & Pavey Ltd.

Registered name: LESSER & PAVEY LTD.

Part of Leonardo Holdings Limited group

Lesser & Pavey Ltd. made £18.5m revenue and £471k profit in the year to 31 Mar 2025. read from filing text

Lesser & Pavey Ltd.’s revenue was £18.5m in the year to 31 Mar 2025, with £471k profit and 29 employees. The company is classified under “wholesale of china and glassware and cleaning materials” and is based in Dartford; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46440Wholesale of china and glassware and cleaning materials
Status
Active
Location
Dartford, South East
Age
55 yrs · since 1971
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent undertaking is Leonardo Group Limited, a company registered in England”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£18.5m
Growth ▲0.2%
Profit
£471k
Growth ▼48.4%
Profit margin
2.5%
Gross 31.8%
Employees
29
Change 0%
Profit / employee
£16.2k
Revenue/employee £637k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£18.5m£18.5m
Cost of sales£12.6m£12.6m
Gross profit£5.8m£5.9m
Operating profit£1.2m£711k
Profit before tax£1.2m£634k
Profit after tax£912k£471k
Profit (best available)£912k£471k
Staff costs£1.6m£1.6m
Employees (average)2929
Ratios
Profit margin4.9%2.5%
Gross margin31.5%31.8%
Revenue per employee£636k£637k
Profit per employee£31.4k£16.2k
Growth (year on year)
Revenue growth—▲0.2%
Profit growth—▼48.4%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£293k
Net assets£5.1m£5.3m
Fixed assets£116k£89.7k
Current assets£7.9m£8.2m
Debtors£3.2m£3.4m
Deferred income£643k£362k
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
2.5%
Profit ÷ revenue.
Gross margin
31.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£637k
Revenue ÷ average employees.
Profit per employee
£16.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
18.5%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲3%
Now £5.3m
Cash at bank
▼74%
Now £293k
Headcount
0%
Now 29
Deferred income
▼44%
Now £362k
Fixed assets
▼22%
Now £89.7k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Leonardo Holdings Limitedultimate parent75–100%
  2. Leonardo Group Limited75–100%
  3. Lesser & Pavey Ltd.this company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £471k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.